123 S BERKLEY SQ Atlantic City, NJ 08401
3,584 SqFt
Open House
Sat May 09, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,584 sqft
Price per Sqft $334
Subdivision Chelsea
MLS Listing ID NJAC2024416
Style Transitional
Abv Grd Liv Area 3,584
Year Built 1910
Annual Tax Amount $14,236
Tax Year 2025
Lot Size 3,219 Sqft
Acres 0.07
Lot Dimensions 39.00 x 82.50
Property Sub-Type Detached
Source BRIGHT
Property Description
This is the kind of opportunity investors wait for. Beach block location, multiple income streams, and serious upside.
Each unit offers its own unique appeal. The first floor features a spacious 2-bedroom, 1-bath layout with an established annual tenant already in place. The second floor is a bright and airy 2-bedroom, 2-bath unit, ready for immediate income optimization. Upstairs, the top-floor unit is a standout 4-bedroom, 2.5-bath space, currently with the first floor unit rented and 2 additional fully renovated units vacant. This offers the opportunity for an owner unit with 2 income producing rental units or a full 3 unit rental option. Whether renting seasonally or year-round, the combination of the valuable home makes sense.
Upgrades include new kitchens and baths, hardwood flooring and recessed lighting in the upper units, new hardwood flooring
What really sets this property apart is the lifestyle it delivers. Water views from nearly every level, multiple outdoor spaces including porches, decks, balconies, plus a rear patio for 3 season entertaining and spacious oversized light-filled rooms, coastal life-style feel that tenants and guests love.
And the location? Just steps to one of the highly sought after stretches of beach and boardwalk on the South Jersey Coast. Lower Chelsea offers that perfect balance—close to everything Atlantic City has to offer, but tucked away in a more residential, upscale pocket.
Whether you're looking to expand your portfolio, house hack, or own a high-performing shore investment, this one checks all the boxes.
Some images have been virtually enhanced.
Location
State NJ
County Atlantic
Area Atlantic City (20102)
Zoning R-2
Interior
Interior Features Built-Ins, Breakfast Area, Combination Dining/Living, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Floor Plan - Open, Floor Plan - Traditional, Upgraded Countertops, Recessed Lighting
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Equipment Dishwasher, Washer, Stove, Refrigerator, Oven/Range - Electric, Oven/Range - Gas, Microwave, Dryer
Fireplace N
Appliance Dishwasher, Washer, Stove, Refrigerator, Oven/Range - Electric, Oven/Range - Gas, Microwave, Dryer
Heat Source Natural Gas
Exterior
Exterior Feature Porch(es), Patio(s), Balcony, Deck(s)
Parking Features Garage - Front Entry, Inside Access
Garage Spaces 2.0
Water Access N
Accessibility None
Porch Porch(es), Patio(s), Balcony, Deck(s)
Attached Garage 2
Total Parking Spaces 2
Garage Y
Building
Foundation Slab
Above Ground Finished SqFt 3584
Sewer Public Sewer
Water Public
Architectural Style Transitional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Atlantic City Schools
Others
Tax ID 02-00007-00014
Ownership Fee Simple
SqFt Source 3584
Special Listing Condition Standard
